Telefonaktiebolaget LM Ericsson (publ) (STO: ERIC.A)
Sweden flag Sweden · Delayed Price · Currency is SEK
88.80
-0.20 (-0.22%)
Dec 20, 2024, 5:29 PM CET

STO: ERIC.A Company Description

Telefonaktiebolaget LM Ericsson (publ), together with its subsidiaries, provides mobile connectivity solutions for telcom operators and enterprise customers in various sectors in North America, Europe, Latin America, the Middle East, Africa, North East Asia, South East Asia, Oceania, and India.

It operates in four segments: Networks; Cloud Software and Services; Enterprise; and Other. The Networks segment offers radio access network (RAN) solutions for various network spectrum bands, including purpose-built and open RAN-prepared hardware and software.

This segment also provides cloud RAN; transport solutions; passive and active antennas; and a range of service portfolios covering network deployment and support.

The Cloud Software and Services segment offers core networks, business and operational support systems, network design and optimization, and managed network services.

The Enterprise segment offers a global communications platform, including cloud-based unified communications as a service, contact center as a service, and communications platform as a service; enterprise wireless solutions comprising private wireless networks and wireless wan pre-packaged solutions; and technologies and new business solutions, such as mobile financial services, security solutions, and advertising services.

The Other segment includes Redbee media that prepares and distributes live and video services for broadcasters, sports leagues, and communications service providers.

It offers its services through wholesalers and distributors. The company was formerly known as Allmanna Telefon AB LM Ericsson and changed its name to Telefonaktiebolaget LM Ericsson (publ) in January 1926.

Telefonaktiebolaget LM Ericsson (publ) was founded in 1876 and is headquartered in Stockholm, Sweden.

Telefonaktiebolaget LM Ericsson (publ)
Telefonaktiebolaget LM Ericsson logo
Country Sweden
Founded 1876
Industry Communication Equipment
Sector Technology
Employees 99,519
CEO E. Ekholm

Contact Details

Address:
Torshamnsgatan 21
Stockholm, 164 83
Sweden
Phone 46 10 719 00 00
Website ericsson.com

Stock Details

Ticker Symbol ERIC.A
Exchange Nasdaq Stockholm
Fiscal Year January - December
Reporting Currency SEK
ISIN Number SE0000108649
SIC Code 3663

Key Executives

Name Position
E. Borje Ekholm MBA, MSc President, Chief Executive Officer, Head of Segment Enterprise and Director
Fredrik Jejdling Executive Vice President, Head of Business Area Network and Head of Segment Networks
Lars Sandstrom M.Sc. Senior Vice President and Chief Financial Officer
Chris Houghton Senior Vice President, Chief Operating Officer and Head of Business Area Technology and New Businesses
Eva-Britt Allenius Chief Accounting Officer
Erik Ekudden Senior Vice President, Chief Technology Officer and Head of Group Function Technology
Daniel Morris Head of Investor Relations
Scott Dresser Former Senior Vice President, Chief Legal Officer, Head of Group Function Legal Affairs and Secretary
Rebecca Rohr Chief Compliance Officer
Peter Olofsson Head of Corporate Communications